FBT

FBT

Salary Packaging

Special Edition

ATO/General, FBT, Public

Another look at the FBT treatment of equipment used in various work from home scenarios

We continue to get many questions seeking clarification regarding the FBT rules regarding how to treatment equipment ‘provided’ for use...

Member Q&A: Can the operating cost method be used even if no logbook has been kept?

Question We have had many staff home garage cars due to COVID lockdown and these cars were only driven for...

FBT Return lodgement dates, Rates and Thresholds for 2021/22

Below we have compiled a quick reference guide of the key FBT rates and thresholds for 2021/22 including a comparison...

Managing employee relocation costs in a tax effective manner

We have recently completed our annual FBT Roadshow and once again many of the complexities of FBT were revealed through...

Car fringe benefits: Can you reduce your FBT liability in 2021?

In this article, we explore some issues relevant to 2020/21 FBT compliance for cars. The reference in this article to...

Member Q&A – Is remote area housing rent assistance a reportable fringe benefit?

Question We wish to confirm whether benefits to staff consisting of remote area housing assistance in the form of employee...

FBT Q&A – Seasonal staff COVID-19 quarantining costs

Question We are recruiting seasonal workers for fruit picking employment from other states. These seasonal workers must / or may...

ATO/General, FBT, Public, Special Edition

Why should you attend the 2021 FBT Roadshow?

The end of the FBT year draws near! Each year, there are new developments to keep in mind when preparing...

FBT Q&A – Headphones and headsets – portable electronic devices?

Question Following on from the recent Q&A titled ‘Reimbursement of ear pod headsets’ (September 2020 TaxEd Update) would you also...

FBT – Remote area housing concessions (Part 3 of 3)

In this, our last article of a three-part series focusing on remote area housing concessions, we focus on some of...

FBT – Remote area housing concessions (Part 2 of 3)

In part one of this series published last month, we focused on some fundamental remote area concepts. In this second...

Member Q&A – Reimbursement of ear pod headsets

Question Many of our staff are on the road or work outdoors and they often use their mobile phones as...

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